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India bluechips set to shift to world’s fastest settlement cycle

India bluechips set to shift to world’s fastest settlement cycle Starting January 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd. — together comprising 80% of the country’s equity market — will be settled on a ‘trade-plus-one-day’ timeline versus the earlier two-day process.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/india-bluechips-set-to-shift-to-world’s-fastest-settlement-cycle_16820621.html
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